The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 3, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng.
According to CoinShares' recent weekly report, inflows into cryptocurrency products saw a massive increase last week. These inflows coincided with a recovery in crypto prices, with Bitcoin (BTC) and most altcoins trading higher.
A closely followed crypto strategist and trader believes that steep rallies are now in sight for Bitcoin (BTC). Pseudonymous analyst Inmortal tells his 216,500 followers on the social media platform X that Bitcoin appears to be mirroring its 2023 price action.
The first two weeks of October remained neutral for most major altcoins following the geopolitical tension in the Middle East. Amid this consolidation, the Solana price managed to stabilize above $135 and the 200-day Exponential moving average for a bullish reversal.
Michael Saylor, one of the most influential figures within the Bitcoin community, has pitched a "Bitcoin collection" to Portuguese footballer Cristiano Ronaldo.
Bitcoin (BTC) has experienced a steady decline in recent sessions, but technical indicators are sending mixed messages, hinting at a possible market shift on the horizon. Despite the bearish price trend, oscillators are providing a mix of neutral, buy, and sell signals, reflecting indecision among traders.
Despite a challenging year, Ethereum's position as a leading blockchain and upcoming market shifts make it an appealing buy ahead of 2025.
Bitcoin's range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
After making over $340,500 by selling tokens he got for free, Vitalik Buterin, Ethereum (ETH) creator, made over $2 million more in the last 24 hours within the same activity. This selling spree again happened by offloading meme coins previously donated to Buterin's known ENS address vitalik.eth.
A cryptocurrency trader has raised alarm regarding Bitcoin's (BTC) recent price fluctuations, suggesting that these sharp movements may be driven by market manipulation rather than genuine market fundamentals.
Three recent academic papers explore how to price cryptocurrencies when—unlike companies—they don't have balance sheets.
The majority of the coins are back in the red zone, according to CoinStats.
By abandoning Ethereum, Uniswap seems to say "Unichain for all, and ETH for no one!" The crash is looming
The looming sale of up to $1.3 billion in Ethereum seized from PlusToken could “dramatically increase selling pressure,” analysts said.
Craig Wright, the self-proclaimed Satoshi Nakamoto, is intensifying his legal battle against the Bitcoin ecosystem. Despite a crushing defeat in British courts, Wright is launching a new showdown against the developers of Bitcoin Core, demanding an astronomical sum exceeding one trillion for the alleged unauthorized use of the $BTC ticker.
The crypto market has displayed a stable price action over the past week, indicating a cool-off phase. However, during this period, top tokens have experienced increased adoption. This highlights a high possibility of a bullish reversal in the coming time.
According to Lookonchain, Ethereum creator Vitalik Buterin's address sold a large amount of meme coins again and received 257.1 ETH worth $636,000. The meme coins sold include MSTR, POPCAT, ITO, ETH6900, SATO and Milo.
Despite Bitcoin's price correction 287 days after its most recent halving event, on-chain metrics suggest fundamentals remain strong. Analyst TheLordofEntry has shared insights into key indicators that show a rise in continued demand and strong holder behavior.
"If you want to win, you need a Bitcoin strategy" — that's how Michael Saylor, the CEO of MicroStrategy and one of the main players in the crypto market, titled his new post on X.
Cathie Wood isn't one to shy away from controversial predictions like this Bitcoin target.
Bitcoin staking is revolutionizing Decentralized Finance and is offering better returns to all investors. That is why PumpBTC has positioned itself as one of the main platforms for staking BTC.
Currently, Bitcoin is displaying a bullish divergence as it approaches a significant resistance level. This movement is crucial for confirming a double bottom pattern, which many analysts believe could signal a potential upward trend.
If Bitcoin falters, PEPE could capitalize on another memecoin surge, potentially reaching new highs.
Right now, the crypto arena is getting competitive again. This time, it is because of the rise of DTX Exchange (DTX) – a new ICO that has seen a 200% price jump. Since the presale is now in phase three, experts are very optimistic about its future potential.
According to the latest on-chain data, demand for Bitcoin, the world's largest cryptocurrency, has been picking up pace over the last few days.
To put this in perspective, consider the chart of the logarithm of Bitcoin's price, and let's forecast it forward.
Ethereum layer-2 network Base recorded 6 million daily transactions on October 12, shattering its record for most transactions in a single day set only a few weeks ago. The network's creator, Jesse Pollack shared the milestone on X, showing that the network recorded 6.1 million daily transactions, with an average of 5.
According to data from SoSoValue, the US-based spot Bitcoin ETFs have recorded over $300 million in net inflows over the past week, representing a return to the market's positive trajectory after a bearish first week in Q4 2024. Meanwhile, the Spot Ethereum ETFs still retain a negative performance despite a reduction in net outflows.
A Newport-based IT engineer, James Howells, is suing the Newport City Council for £495 million (around $647 million) after inadvertently discarding a hard drive containing 8,000 Bitcoin during a home cleanout in 2013.
Here's the risky aspect of short-term BTC breakout prospects
In the ever-evolving blockchain realm, the debate between Solana and Ethereum intensifies, highlighting unique attributes that capture the attention of investors and developers. However, to effectively engage with these dynamic assets, one needs a dependable DeFi crypto wallet.
The chief executive of market intelligence firm CryptoQuant says that Bitcoin (BTC) is nearing the longest sideways consolidation period ever during one of its halving years.
As Bitcoin (BTC) navigates an unusually calm ‘Uptober,' a trading expert believes a review of technical indicators and the asset's past performance suggests a new record might be in the offing.
Mt. Gox's expected Bitcoin repayment has been delayed. When will this decision take effect, and how could it affect the crypto market and Bitcoin price?
BlackRock's Larry Fink has outlined his plan for bitcoin, ethereum and crypto
According to CryptoQuant CEO Ki Young Ju, Bitcoin's Google search volume has now hit another yearly low.
David Schwartz, chief technology officer at Ripple, recently took aim at self-proclaimed Satoshi Craig Wright, arguing that the need to address the Bitcoin creator's statements on the purpose of the original cryptocurrency is "delusionary nonsense."
Ethereum co-founder Vitalik Buterin recently addressed the thorny issue of transaction fees on layer 1 and layer 2 of the network. In the face of growing congestion, he proposes innovative solutions to balance costs and maintain the attractiveness of the crypto ecosystem.
The filing states that the agency's ruling deadline has been extended from Oct 19 to Dec 3. Cboe requested permission to offer options in August in their filing with the SEC.
By highlighting the necessity of an all-encompassing strategy for ecosystem unity, Ethereum co-founder Vitalik Buterin has once again set the tone for the network's future. Buterin emphasized the significance of creating an atmosphere where the Ethereum community feels united.
You are not alone if you are disappointed that you did not invest in Bitcoin (BTC) when it first launched
The Bitcoin price has been relatively quiet in October, but things seem to be looking up after the premier cryptocurrency broke the $63,000 mark on Saturday, October 12. However, the crypto has to scale a major resistance level if the current bull run is to get back on track.
Widely followed crypto analyst Ali Martinez says that Ethereum (ETH) may be in for another correction if one critical support level breaks. Martinez tells his 74,000 followers on the social media platform X that $2,300, which is about a 7% correction away from current prices, is an important price level for ETH bulls to hold.
Bitcoin is currently holding above the $62,000 mark following a 5% surge from lower demand in the past few days. While the market grapples with uncertainty, recent data from Coinglass indicates that Bitcoin's volatility has significantly decreased during this period of sideways trading.
Bitcoin has come a long way in 15 years, but it might just be getting started.
Bitcoin's price remains calm at around $63K but some altcoins are charting massive gains.
MicroStrategy co-founder Michael Saylor has jokingly stated that the only thing that is better than Bitcoin is actually more Bitcoin.